The impact of strategic knowledge disclosure on enterprise innovation performance

Abstract

AbstractKnowledge is the key factor to promote the development of enterprise innovation ability. Strategic knowledge disclosure is an important strategic means for enterprises to acquire external knowledge resources through active disclosure of knowledge. However, under the dual effects of external environmental factors and corporate factors, the impact of strategic knowledge disclosure on corporate innovation performance is still in a “black box” state. Therefore, based on the dual factors of industry competition intensity and enterprise absorptive capacity, this paper selects 158 listed companies in knowledge‐intensive industries as the research object, and uses the fixed effect model to empirically test the impact of strategic knowledge disclosure on enterprise innovation performance. It is found that strategic knowledge disclosure significantly promotes enterprise innovation performance, industry competition intensity negatively regulates the relationship between strategic knowledge disclosure and enterprise innovation performance, and enterprise absorptive capacity positively regulates the relationship between strategic knowledge disclosure and enterprise innovation performance. This paper is helpful to provide practical basis for the implementation of strategic knowledge disclosure and the improvement of enterprise innovation ability under the integrated perspective of external environmental factors and internal factors.